April 6, 2020
The Penalties Are Coming
With COVID-19, it’s understandable if Civil Monetary Penalties (CMPs) have slipped your mind. CMS has proposed stiff penalties—up to $1,000 per day per claimant—for incorrect MSP reporting or failure to report. (Our Chief Compliance Officer Dan Anders posted on these in February.) For a well-written synopsis of how they could affect you, read this article by Michael Stack, CEO of AMAXX, LLC: Increased Penalties are Coming for Incorrect Medicare Secondary Payer Reporting.